GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Per Capita Income of a country derived from-
A
National Income
B
Population
C
Natioanl Income and Population both
D
None of these
Explanation: 

Detailed explanation-1: -Per capita income is used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country’s national income by its population.

Detailed explanation-2: -Definition: Gross national income divided by mid-year population (or population size if mid-year population is not available).

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